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Side-by-side financial comparison of PRECISION DRILLING Corp (PDS) and TheRealReal, Inc. (REAL). Click either name above to swap in a different company.

PRECISION DRILLING Corp is the larger business by last-quarter revenue ($299.5M vs $194.1M, roughly 1.5× TheRealReal, Inc.).

Precision Drilling Corporation is the largest drilling rig contractor in Canada, also providing oil field rental and supplies.

The RealReal, Inc. is an online marketplace for users to buy and sell luxury goods that are authenticated by experts. It has more than 38 million members, and has sold nearly 40 million items as of Sept. 30, 2023.

PDS vs REAL — Head-to-Head

Bigger by revenue
PDS
PDS
1.5× larger
PDS
$299.5M
$194.1M
REAL

Income Statement — Q3 FY2025 vs Q4 FY2025

Metric
PDS
PDS
REAL
REAL
Revenue
$299.5M
$194.1M
Net Profit
Gross Margin
74.8%
Operating Margin
3.2%
Net Margin
Revenue YoY
18.3%
Net Profit YoY
EPS (diluted)
$0.06

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
PDS
PDS
REAL
REAL
Q4 25
$299.5M
$194.1M
Q3 25
$173.6M
Q2 25
$165.2M
Q1 25
$160.0M
Q4 24
$164.0M
Q3 24
$147.8M
Q2 24
$144.9M
Q1 24
$143.8M
Net Profit
PDS
PDS
REAL
REAL
Q4 25
Q3 25
$-54.1M
Q2 25
$-11.4M
Q1 25
$62.4M
Q4 24
Q3 24
$-17.9M
Q2 24
$-16.7M
Q1 24
$-31.1M
Gross Margin
PDS
PDS
REAL
REAL
Q4 25
74.8%
Q3 25
74.3%
Q2 25
74.3%
Q1 25
75.0%
Q4 24
74.4%
Q3 24
74.9%
Q2 24
74.1%
Q1 24
74.6%
Operating Margin
PDS
PDS
REAL
REAL
Q4 25
3.2%
Q3 25
-4.3%
Q2 25
-6.0%
Q1 25
-8.0%
Q4 24
-3.1%
Q3 24
-9.9%
Q2 24
-13.0%
Q1 24
-12.5%
Net Margin
PDS
PDS
REAL
REAL
Q4 25
Q3 25
-31.1%
Q2 25
-6.9%
Q1 25
39.0%
Q4 24
Q3 24
-12.1%
Q2 24
-11.5%
Q1 24
-21.6%
EPS (diluted)
PDS
PDS
REAL
REAL
Q4 25
$0.06
Q3 25
$-0.49
Q2 25
$-0.13
Q1 25
$-0.14
Q4 24
$-0.57
Q3 24
$-0.17
Q2 24
$-0.20
Q1 24
$-0.30

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
PDS
PDS
REAL
REAL
Cash + ST InvestmentsLiquidity on hand
$151.2M
Total DebtLower is stronger
Stockholders' EquityBook value
$-415.5M
Total Assets
$409.0M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PDS
PDS
REAL
REAL
Q4 25
$151.2M
Q3 25
$108.4M
Q2 25
$94.3M
Q1 25
$139.6M
Q4 24
$172.2M
Q3 24
$153.2M
Q2 24
$150.7M
Q1 24
$166.0M
Stockholders' Equity
PDS
PDS
REAL
REAL
Q4 25
$-415.5M
Q3 25
$-385.1M
Q2 25
$-338.2M
Q1 25
$-336.1M
Q4 24
$-407.4M
Q3 24
$-345.4M
Q2 24
$-335.3M
Q1 24
$-327.1M
Total Assets
PDS
PDS
REAL
REAL
Q4 25
$409.0M
Q3 25
$366.2M
Q2 25
$349.4M
Q1 25
$400.4M
Q4 24
$423.1M
Q3 24
$406.3M
Q2 24
$407.4M
Q1 24
$431.6M

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
PDS
PDS
REAL
REAL
Operating Cash FlowLast quarter
$49.5M
Free Cash FlowOCF − Capex
$45.8M
FCF MarginFCF / Revenue
23.6%
Capex IntensityCapex / Revenue
1.9%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$18.4M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PDS
PDS
REAL
REAL
Q4 25
$49.5M
Q3 25
$19.3M
Q2 25
$-3.6M
Q1 25
$-28.3M
Q4 24
$28.0M
Q3 24
$9.1M
Q2 24
$-6.8M
Q1 24
$-3.5M
Free Cash Flow
PDS
PDS
REAL
REAL
Q4 25
$45.8M
Q3 25
$16.9M
Q2 25
$-11.4M
Q1 25
$-33.0M
Q4 24
$22.9M
Q3 24
$5.0M
Q2 24
$-9.8M
Q1 24
$-5.6M
FCF Margin
PDS
PDS
REAL
REAL
Q4 25
23.6%
Q3 25
9.7%
Q2 25
-6.9%
Q1 25
-20.6%
Q4 24
14.0%
Q3 24
3.4%
Q2 24
-6.7%
Q1 24
-3.9%
Capex Intensity
PDS
PDS
REAL
REAL
Q4 25
1.9%
Q3 25
1.4%
Q2 25
4.7%
Q1 25
2.9%
Q4 24
3.1%
Q3 24
2.7%
Q2 24
2.1%
Q1 24
1.5%
Cash Conversion
PDS
PDS
REAL
REAL
Q4 25
Q3 25
Q2 25
Q1 25
-0.45×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

PDS
PDS

Segment breakdown not available.

REAL
REAL

Services$149.0M77%
Products$27.2M14%
Shipping And Handling$17.8M9%

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